Comments on: A Colossal Lack of Judgment http://alhambrainvestments.com/a-colossal-lack-of-judgment/ Independence is its own reward Thu, 17 May 2012 20:00:24 +0000 http://wordpress.org/?v=2.6 By: Joseph Y. Calhoun, III http://alhambrainvestments.com/a-colossal-lack-of-judgment/#comment-55 Joseph Y. Calhoun, III Sat, 25 Jul 2009 16:05:41 +0000 http://alhambrainvestments.com/?p=4190#comment-55 Mike, You are right of course that Paulson sold his GS stock prior to taking the Treasury post. He did escape capital gains taxes on the roughly $500 million in stock he sold, saving himself a tidy $75 million or so in taxes. And his assets were placed in a blind trust. I still find it a bit hard to believe that his ties to GS had no effect on his decision making. Mike,

You are right of course that Paulson sold his GS stock prior to taking the Treasury post. He did escape capital gains taxes on the roughly $500 million in stock he sold, saving himself a tidy $75 million or so in taxes. And his assets were placed in a blind trust. I still find it a bit hard to believe that his ties to GS had no effect on his decision making.

]]> By: Mike http://alhambrainvestments.com/a-colossal-lack-of-judgment/#comment-53 Mike Sat, 25 Jul 2009 15:22:43 +0000 http://alhambrainvestments.com/?p=4190#comment-53 I agree Paulson is a jerk and showed the arrogance of his Nixon White House days but the comment in your opening remarks about enriching himself by protecting GS may be a little wide of the mark. When he entered government service as a policy maker, his assets should have gone into a blind trust. It is also possible that he might have escaped cap gains taxation if a sale of those assets were made as a condition of the Treasury job. I agree Paulson is a jerk and showed the arrogance of his Nixon White House days but the comment in your opening remarks about enriching himself by protecting GS may be a little wide of the mark. When he entered government service as a policy maker, his assets should have gone into a blind trust. It is also possible that he might have escaped cap gains taxation if a sale of those assets were made as a condition of the Treasury job.

]]> By: Wednesday Reading | Aktiebloggar.se http://alhambrainvestments.com/a-colossal-lack-of-judgment/#comment-52 Wednesday Reading | Aktiebloggar.se Fri, 24 Jul 2009 12:54:06 +0000 http://alhambrainvestments.com/?p=4190#comment-52 [...] linkage  — something for everyone: • Paulson’s Colossal Lack of Judgment [...] [...] linkage  — something for everyone: • Paulson’s Colossal Lack of Judgment [...]

]]> By: Friday Roundup — Gold, The GLD, and More | Uncommon Wisdom Blogs http://alhambrainvestments.com/a-colossal-lack-of-judgment/#comment-51 Friday Roundup — Gold, The GLD, and More | Uncommon Wisdom Blogs Fri, 24 Jul 2009 12:26:12 +0000 http://alhambrainvestments.com/?p=4190#comment-51 [...] A Colossal Lack of Judgment [...] [...] A Colossal Lack of Judgment [...]

]]> By: Twitted by JaneTerry http://alhambrainvestments.com/a-colossal-lack-of-judgment/#comment-50 Twitted by JaneTerry Thu, 23 Jul 2009 12:29:48 +0000 http://alhambrainvestments.com/?p=4190#comment-50 [...] This post was Twitted by JaneTerry [...] [...] This post was Twitted by JaneTerry [...]

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